The company sources components and raw materials, including copper, aluminum, steel, semiconductors, and other electronic components, from suppliers and commodity markets. A central strategic sourcing group consolidates purchases across business segments to enhance buying efficiency and leverage scale. The company collaborates with suppliers to ensure product availability and implement cost-saving measures. Investments are directed toward improving supply chain resilience through automation, dual sourcing of critical components, and localized manufacturing when feasible. The Supplier Excellence program applies operational principles to the supply base, focusing on strategic cost reductions via operational efficiency, digitalization, automation, and supply chain productivity.
Carrier Global's Comment on Supply Chain
The company sources components and raw materials, including copper, aluminum, steel, semiconductors, and other electronic components, from suppliers and commodity markets. A central strategic sourcing group consolidates purchases across business segments to enhance buying efficiency and leverage scale. The company collaborates with suppliers to ensure product availability and implement cost-saving measures. Investments are directed toward improving supply chain resilience through automation, dual sourcing of critical components, and localized manufacturing when feasible. The Supplier Excellence program applies operational principles to the supply base, focusing on strategic cost reductions via operational efficiency, digitalization, automation, and supply chain productivity.
Sources:
Carrier Global Corporation's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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